Deepak Fertilizers and Petrochemicals Corporation Limited — JV/Acquisition, 23-04-2025: Acquisition

Deepak Fertilisers has incorporated a wholly-owned subsidiary, Deepak Globalchem Pte. Ltd., in Singapore, focused on the trading of commodities. The company holds 100% shareholding, investing USD 10,000 through share capital subscription. Although the subsidiary has yet to commence operations, this strategic move aims to enhance market reach and operational capabilities in the trading sector. The establishment of this subsidiary is part of the company's growth strategy, potentially unlocking new avenues for revenue generation in the future.